deZinc: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
deZinc
Largest movements
- Receivables within one year -€16,721
down €16,721 (-79.2%), from €21,108 to €4,387
of which Trade receivables: -€12,253
- Cash +€6,503
up €6,503 (+11.0%), from €58,987 to €65,490
mainly Net result for the year (+€44,607) and Receivables within one year (+€16,721)
- Current investments -€4,411
down €4,411 (-2.1%), from €210,148 to €205,737
- Reserves -€15,975
down €15,975 (-5.5%), from €291,890 to €275,916
- Gross operating margin -€9,162
down €9,162 (-12.2%), from €75,288 to €66,125
- Taxes -€2,068
down €2,068 (-8.7%), from €23,687 to €21,619
- Financial income +€1,534
up €1,534 (+39.7%), from €3,863 to €5,397
- Financial charges -€822
down €822 (-54.6%), from €1,504 to €683
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €305,617 | €289,690 | -€15,927 | -5.2% |
| Fixed assets | 21/28 | €14,328 | €12,228 | -€2,100 | -14.7% |
| Tangible fixed assets | 22/27 | €14,328 | €12,228 | -€2,100 | -14.7% |
| Land and buildings | 22 | €10,691 | €9,032 | -€1,659 | -15.5% |
| Plant, machinery and equipment | 23 | €3,512 | €3,196 | -€316 | -9.0% |
| Furniture and vehicles | 24 | €125 | - | -€125 | |
| Current assets | 29/58 | €291,290 | €277,462 | -€13,827 | -4.7% |
| Amounts receivable within one year | 40/41 | €21,108 | €4,387 | -€16,721 | -79.2% |
| Trade receivables | 40 | €16,636 | €4,382 | -€12,253 | -73.7% |
| Other amounts receivable | 41 | €4,472 | €5 | -€4,467 | -99.9% |
| Current investments | 50/53 | €210,148 | €205,737 | -€4,411 | -2.1% |
| Cash at bank and in hand | 54/58 | €58,987 | €65,490 | +€6,503 | +11.0% |
| Deferred charges and accrued income | 490/1 | €1,048 | €1,849 | +€802 | +76.5% |
| Total equity and liabilities | 10/49 | €305,617 | €289,690 | -€15,927 | -5.2% |
| Equity | 10/15 | €298,090 | €282,116 | -€15,975 | -5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €291,890 | €275,916 | -€15,975 | -5.5% |
| Distributable reserves | 133 | €291,890 | €275,916 | -€15,975 | -5.5% |
| Amounts payable | 17/49 | €7,527 | €7,575 | +€48 | +0.6% |
| Amounts payable within one year | 42/48 | €7,527 | €7,575 | +€48 | +0.6% |
| Financial debts | 43 | €24 | €193 | +€169 | +699.6% |
| Credit institutions | 430/8 | €24 | €193 | +€169 | +699.6% |
| Trade debts | 44 | €584 | €523 | -€61 | -10.4% |
| Suppliers | 440/4 | €584 | €523 | -€61 | -10.4% |
| Taxes, remuneration and social security | 45 | €5,365 | €5,305 | -€60 | -1.1% |
| Taxes | 450/3 | €5,365 | €5,305 | -€60 | -1.1% |
| Other amounts payable | 47/48 | €1,554 | €1,554 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,253 | €3,779 | -€474 | -11.1% |
| Other operating charges | 640/8 | €842 | €835 | -€7 | -0.8% |
| Gross operating margin | 9900 | €75,288 | €66,125 | -€9,162 | -12.2% |
| Operating profit (loss) | 9901 | €70,193 | €61,511 | -€8,681 | -12.4% |
| Financial income | 75/76B | €3,863 | €5,397 | +€1,534 | +39.7% |
| Recurring financial income | 75 | €3,863 | €5,397 | +€1,534 | +39.7% |
| Financial charges | 65/66B | €1,504 | €683 | -€822 | -54.6% |
| Recurring financial charges | 65 | €1,504 | €683 | -€822 | -54.6% |
| Profit (loss) for the period before taxes | 9903 | €72,551 | €66,225 | -€6,325 | -8.7% |
| Income taxes | 67/77 | €23,687 | €21,619 | -€2,068 | -8.7% |
| Profit (loss) for the period | 9904 | €48,864 | €44,607 | -€4,257 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,864 | €44,607 | -€4,257 | -8.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.